2 bed Flat For Sale £87,500
Key features:
Full description:
shared ownership (Advertised price represents 50% share. Full market value £175,000). This south-facing duplex apartment is on the first and second (top) floors of a recently-constructed building and appears in excellent condition throughout as well as being very smartly presented. On the entrance level there is a cloakroom and a large reception room with open-plan kitchen featuring sleek, pale grey units and integrated appliances. Upstairs is a spacious main bedroom, a second good-sized double bedroom, attractive bathroom and some useful built-in storage. The view takes in the Medina river valley and rolling hills in the distance. Modern insulation standards, high performance glazing and a communal heating and hot water system have resulted in a very good energy-efficiency rating. The property comes with use of a parking space and is also within comfortable walking distance or short bus/cycle ride of the town centre.
Tenure: Leasehold (125 years from 08/06/2020).
Minimum Share: 50% (£87,500).
Shared Ownership Rent: £189.06 per month (subject to annual review).
Admin Fee: £19.69 per month (subject to annual review).
Service Charge: £896.72 for current year.
Guideline Minimum Income: Dual £18,700 Single £22,200 (based on minimum share and 10% deposit).
Council Tax: Band B, Isle of Wight Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
First Floor
Reception
18' 5" max. X 14' 9" max. (5.61m x 4.50m)
Kitchen
included in reception measurement
Cloakroom
Second Floor
Bedroom 1
11' 1" x 10' (3.38m x 3.05m)
Bedroom 2
10' 5" x 8' 1" (3.18m x 2.46m)
Bathroom
- Guideline Minimum Deposit £8,750
- Guideline Income Dual £18.7k Single £22.2k
- First and Second Floors
- Approx. 688 Sqft Gross Internal Area
- High Performance Glazing
- Communal Heating and Hot Water
- Parking Space
- Town Centre Within Easy Reach
Full description:
shared ownership (Advertised price represents 50% share. Full market value £175,000). This south-facing duplex apartment is on the first and second (top) floors of a recently-constructed building and appears in excellent condition throughout as well as being very smartly presented. On the entrance level there is a cloakroom and a large reception room with open-plan kitchen featuring sleek, pale grey units and integrated appliances. Upstairs is a spacious main bedroom, a second good-sized double bedroom, attractive bathroom and some useful built-in storage. The view takes in the Medina river valley and rolling hills in the distance. Modern insulation standards, high performance glazing and a communal heating and hot water system have resulted in a very good energy-efficiency rating. The property comes with use of a parking space and is also within comfortable walking distance or short bus/cycle ride of the town centre.
Tenure: Leasehold (125 years from 08/06/2020).
Minimum Share: 50% (£87,500).
Shared Ownership Rent: £189.06 per month (subject to annual review).
Admin Fee: £19.69 per month (subject to annual review).
Service Charge: £896.72 for current year.
Guideline Minimum Income: Dual £18,700 Single £22,200 (based on minimum share and 10% deposit).
Council Tax: Band B, Isle of Wight Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
First Floor
Reception
18' 5" max. X 14' 9" max. (5.61m x 4.50m)
Kitchen
included in reception measurement
Cloakroom
Second Floor
Bedroom 1
11' 1" x 10' (3.38m x 3.05m)
Bedroom 2
10' 5" x 8' 1" (3.18m x 2.46m)
Bathroom
